What was the total number of Chocolate Fish Coffee franchises not renewed during 2021?
Chocolate_Fish_Coffee Franchise · 2024 FDDAnswer from 2024 FDD Document
Table 3 Status of Franchised Outlets For Years 2021 to 2023*
| State | Year | Outlets at the Start of the Year | Outlets Opened | Termi- Nations | Non- Renewals | Reacquired by Franchisor | Column 8 | Outlets at End of the Year |
|---|---|---|---|---|---|---|---|---|
| Ceased | ||||||||
| Operations | ||||||||
| – Other |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 38–41)
What This Means (2024 FDD)
According to Chocolate Fish Coffee's 2024 Franchise Disclosure Document, there were zero franchises not renewed during 2021. The provided table in Item 20 outlines outlet information, including non-renewals, for the years 2021, 2022 and 2023.
For a prospective franchisee, this indicates that, at least for the years 2021-2023, Chocolate Fish Coffee has not experienced any franchise terminations due to non-renewal. This could suggest a stable franchise system where franchisees are generally satisfied with their agreements and choose to continue operating under the Chocolate Fish Coffee brand.
However, it is important to consider this data in conjunction with other factors, such as the number of terminations for other reasons, the overall growth of the franchise system, and the experiences of current and former franchisees. While no non-renewals may seem positive, a prospective franchisee should investigate further to understand the complete picture of franchise relationships within Chocolate Fish Coffee.